Caution With Optimism About Imminent 'Peace Deals' in Middle East -- Market Talk

Dow Jones03-24

0647 GMT - It's too early to get too optimistic about 'peace deals' in the Middle East getting baked in the next couple of days as demands of both sides still seem unbridgeable, Macquarie's Thierry Wizman and Gareth Berry say in a note. "It's far-fetched to imagine the U.S. dropping its demands pertaining to Iran's nuclear assets, or that the U.S. would just leave its bases in the Gulf," the global strategists say. It is also far-fetched to see Iran dropping support for its proxy armies at this stage, they say. That said, "the war is unlikely to last beyond mid-April because Iran's threats are likely to be neutralized by then." But once neutralized, the U.S. will have the upper hand in any negotiations that ensue, they say. (emese.bartha@wsj.com)

(END) Dow Jones Newswires

March 24, 2026 02:47 ET (06:47 GMT)

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It is also far-fetched to see Iran dropping support for its proxy armies at this stage, they say. That said, \"the war is unlikely to last beyond mid-April because Iran's threats are likely to be neutralized by then.\" But once neutralized, the U.S. will have the upper hand in any negotiations that ensue, they say. 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It is also far-fetched to see Iran dropping support for its proxy armies at this stage, they say. That said, \"the war is unlikely to last beyond mid-April because Iran's threats are likely to be neutralized by then.\" But once neutralized, the U.S. will have the upper hand in any negotiations that ensue, they say. 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